CountryBoy19
Grandmaster
Removing the cap will delay flights longer. People will not agree to any price because they think there is always more money. When the airlines quits offering and announces the seat number(s) that must give up their seat then those interested in the last offer will ask if they can still get the money. People are a pain to deal with, especially when locked in a metal tube together.
No, people MAY hold out longer hoping for the bid to go up, but there will always be somebody that steps up. We all have a price, just because you and the person next to you won't step up for X, doesn't mean that that the person 3 rows up won't step up.